The Reality of UK Services Trade Post-Brexit - British Chambers of Commerce
Summary by britishchambers.org.uk
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The Reality of UK Services Trade Post-Brexit - British Chambers of Commerce
The services sector is our most important economic asset, accounting for 80% of total UK output. However, the latest research by London School of Economics (LSE) shows that services exports have declined by around 16% in the EU markets most affected by Brexit-related trade barriers. This supports the evidence BCC hears directly from UK businesses. Before the introduction of the Trade and Cooperation Agreement (TCA) in 2021, many of the UK’s p…
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